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XRP / Bitcoin

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XRPBTC trade ideas

XRP / BTC - Something interesting just happened to XRPAlmost 1500 days has passed since price action resistance became support. A resistance that was first defined back in May 2017. That resistance has now become support; this is significant. On the above 10-day chart, following the break of resistance and oversold condition (orange column), there is a regular bullish divergence. This is a ‘incredible buy’ opportunity as both RSI and MFI print higher lows when price action prints lower lows. Additionally RSI is now 50+, price action is in uptrend. A buy from 1.5k sats is amazing if you can get it, but I don't recommend attempting to time it given the target. 1st target is 17k sats. Good luck! WW
Long
by without_worries
50
STILL LONG XRP had a strong really after breaking out of its ascending triangle pattern. After making a local high of 2,093 Sats it has quickly retraced to find support at 1,750 Sats. I still hold a bullish stance as long as we can stay above 1,/30 Sats. -We are currently low on the RSI, located at a historic area for bullish price action. -There is bullish divergence painted on the 4H time frame. -XRP/USD is coiled up inside of a symmetric triangle pattern which is not necessarily bullish but confirms a large move in the near future. -An almost double bottom formation.
Long
by RighteousTA
HUGE MOVE IMMINENTXRP is primed up and ready to go against Bitcoin. The current momentum should take us to the green box around 2,338 to 2,633 Satoshis. From here we should see a continuation pattern form within or above the green box. Once this pattern has formed there will be a great opportunity to increase a position and extrapolate a measured move. XRP has a huge baseline at 4,253 Satoshis that will most likely be used as resistance on this local move. Although, once this area can be held as support the real upside potential will arise.
Long
by RighteousTA
But XRP is in a year long lawsuit!XRP has been in a bullish divergence (RSI) trend against Bitcoin since May of 2019. Even the SEC lawsuit of Dec 18th of 2020 did not break this trend. If anything it has made it more noticeable and stronger. Heading into 2022 XRP looks to be very bullish against Bitcoin. So it looks like all time highs are only a matter of time away. Altcoins are looking very strong going into 2022 and XRP is defiantly one of them especially due to the divergence and the fact XRP has not hit all time highs yet. To me the bullish divergence shows belief by at the least seasoned crypto holders. Not Financial advice. Thanks for taking a peak. Leave a comment and me know where you stand. Kind regards
Long
by WeAreSat0shi